Medical Marijuana has been legalized by several states and two have decriminalized the possession and recreational use. Even though he doesn't see marijuana on the same level as alcohol, the current Drug Czar does think the administration should look at marijuana as more of a public-health issue. So we have reached out to our non-institutional and institutional underwriters to find out how we can provide commercial mortgages and leases on equipment for this growing industry and happy to say we have at least one commercial mortgage underwriter and one leasing underwriter that will lend to this industry. We can only assume that with each state legalizing its use for medicinal purposes we will be able to spread across the country with these programs. For more information and a confidential interview please contact Steve Felt at steve@creativebusinessfinance.com or (720) 496-6353.

I am working for a company called MAD Farma, a company operated by DBF Properties, chartered in South Carolina. We recently purchased a 16,000 sq ft warehouse in Denver, Colorado for the purpose of growing and selling medical marijuana. We are beginning with a 5,000 sq ft grow capability and will utilize the entire 16,000 sq ft space in about 8 months after some demolition and build-out. We are looking to obtain funds and a company to initially purchase 10 Pharmpods (http:Pharmpods.com) and lease them to us. After the first 10, we will need another 12 in about eight months. The cost of each Pharmpods is approximately $42,000, so our initial capital requirement would be for $420,000, and later, an additional $504,000.

Please let me know if this is something your company would consider, and what the approximate rates and terms would be. I look forward to hear from you, and if you have any questions you may reach me at 440-808-1658, or 216-496-7350.

*Disclaimer: CBF is a private capital intermediary, we use our resources to connect our clients with the best private lender or specialty finance company for their specific situation. CBF is not a law firm or accounting firm and doesn't provide tax and/or legal advice. Our address is 7830 W. Alameda Ave, Suite 103 #252 Lakewood, CO 80226.